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Shopify sales grow 97% as more merchants move shops online

Shopify sales grow 97% as more merchants move shops online

Shopify sales grow 97% as more merchants move shops online

(Bloomberg)—Shopify Inc. nearly doubled its revenue in the second quarter, crushing analysts’ estimates as a flood of merchants moved their businesses online during the coronavirus pandemic. Sales grew 97% to $714.3 million from the same quarter a year ago, Ottawa-based Shopify said in a statement Wednesday. Analysts had expected about $512 million, according to data […]

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